Global Tight-head Containers Market: An Overview
Tight-head containers are durable and impact-resistant packaging solutions which provide safety of valuable liquids to end users. Tight-head containers are available in the market in a variety of sizes, shapes and colors to enable a higher degree of product differentiation. End users of tight-head containers also have a wide array of dispensing options and closure types to choose from. Tight-head containers are used in a number of industries and applications such as flavorings, fragrances, cleaning solutions, chemicals, hydroponics, and many others. Manufacturers of tight-head containers are focused on improving the ergonomics for easy handling. Tight-head containers are also preferred for products such as hydrocarbons and volatiles. Many manufacturers are also promoting their tight-head containers as reconditionable and recyclable, which helps increase preference in-line with increase in demand for sustainable packaging solutions. The outlook for growth of the global tight-head containers market is expected to be positive during the forecast period.
Global Tight-head Containers Market: Dynamics
The global tight-head containers market is expected to grow on the backdrop of growing demand for efficient and safe packaging solutions for chemicals, across the globe. Manufacturers of tight-head containers are focused on providing high quality UN-certified drums suited mostly for liquid hazardous goods. Key emphasis seems to be on safety, as the inner surface of tight-head containers is usually lacquer-lined for protection. Customizability also plays an important role in boosting sales of tight-head containers. Manufacturers of tight-head containers provide scope for color coating based on the choice of manufacturers. Furthermore, many manufacturers of tight-head containers provide custom designs. The designing process is done keeping optimization of space utilization for storage and shipping in mind. The key factor leading to high preference for tight-head containers is their strength and design. They are designed to resist a reasonable impact to avoid leakage, and therefore, they are preferred for shipment of hazardous goods. Many manufacturers are also focused on the printability of drums so that the end users can use them as a marketing tool. This is done by printing the company logo, using multi-color screen print process.
Global Tight-head Containers Market: Segmentation
The global tight-head containers market is segmented as follows -
On the basis of material type, the global tight-head Containers market is segmented into –
On the basis of shape, the global tight-head Containers market is segmented into –
On the basis of product type, the global tight-head Containers market is segmented into –
On the basis of closure type, the global tight-head containers market is segmented into –
- Solid Screw Cap
- Tamper Evident Screw Cap
On the basis of capacity, the global tight-head containers market is segmented into –
- < 2 Gallons
- 2 – 5 Gallons
- 5 – 7 Gallons
- > 7 Gallons
On the basis of end use, the global tight-head containers market is segmented into –
- Agricultural chemicals
- Paints & Coatings
Global Tight-head Containers Market: Regional Outlook
The North America tight-head containers market is expected to be in the leading position during the forecast period, owing to a sizeable chemical and food industry. The U.S. is expected to account for the largest value share in the North America tight-head containers market during the forecast period. China and India are expected to spearhead growth in demand for tight-head containers in the Asia Pacific region. Increase in global trade is expected to be a key growth factor for the global tight-head containers market. The Latin America tight-head drums market is expected to expand at a steady rate post-2020, given the sluggish recovery of the Latin America market, currently.
Global Tight-head Containers Market: Key players
Some of the key players operating in the global tight-head Containers market are –
- Priority Plastics, Inc.
- Kaplan Container
- BWAY Corporation
- SCHÜTZ GmbH & Co. KGaA
Some of the key trends in the global tight-head Containers market include -
- Higher emphasis on customizability
- Design of tight-head containers to enable convenient liquid filling
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.